From MSN Money:

“Herbalife’s stock price sank sharply last week after hedge fund manager William Ackman said that he believes the nutritional supplements company is a pyramid scheme and that he has been shorting the stock for several months. The company has vehemently denied the claims several times.”

How was this a mystery to anyone?   Aren’t they analysts?  Couldn’t they figure that out when found out their sales force was made up of 63 year old overweight housewives espousing their nutritional advice and recommendations?

Douglas Farrago MD

Douglas Farrago MD is a full-time practicing family doc in Forest, Va. He started Forest Direct Primary Care where he takes no insurance and bills patients a monthly fee. He is board certified in the specialty of Family Practice. He is the inventor of a product called the Knee Saver which is currently in the Baseball Hall of Fame. The Knee Saver and its knock-offs are worn by many major league baseball catchers. He is also the inventor of the CryoHelmet used by athletes for head injuries as well as migraine sufferers. Dr. Farrago is the author of four books, two of which are the top two most popular DPC books. From 2001 – 2011, Dr. Farrago was the editor and creator of the Placebo Journal which ran for 10 full years. Described as the Mad Magazine for doctors, he and the Placebo Journal were featured in the Washington Post, US News and World Report, the AP, and the NY Times. Dr. Farrago is also the editor of the blog Authentic Medicine which was born out of concern about where the direction of healthcare is heading and the belief that the wrong people are in charge. This blog has been going daily for more than 15 years Article about Dr. Farrago in Doximity Email Dr. Farrago – [email protected] 

  4 comments for “Herbalife

  1. big picture doc
    December 27, 2012 at 1:54 am

    The new lingo now is “multilevel marketing” instead of pyramid scheme. I can’t tell you how many people [neighbors, friends, relatives doctors] have gotten mad at me because I wouldn’t purchase the crap from their “business” . I also detest products that can only be purchased through a doctor’s office

  2. mamadoc
    December 26, 2012 at 8:13 pm

    A pyramid scheme? Gee, you think?

  3. Pat
    December 26, 2012 at 6:33 pm

    i had a future ex-wife with a garage full of that crap over a decade ago…can’t believe it lasted this long. Hilarious!

  4. Steve Hanna
    December 26, 2012 at 11:38 am

    I didn’t realize they were still around, thinking that pyramid had crumbled
    long ago. Maybe I’ve been too involved with my bee pollen
    And Visalus franchises to notice.
    Steve H

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